Net Asset Value(s)

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

ASHMORE GLOBAL OPPORTUNITIES LIMITED ("AGOL")

a Guernsey incorporated and registered limited liability closed-ended investment companywith a Premium Listing of its US Dollar and Sterling share classes on the Official List.

NAV per share re-calculation for 30 April 2012

23 May 2012

On 14th May 2012, the Company published the NAV per share for the USD and GBP share classes, as at 30th April 2012, at USD 8.48 and GBP 8.51 respectively, which represented a material difference in the respective performances of the two share classes compared with their NAV per share at 31st March 2012.

As announced on 2nd March 2012, the EUR share class was converted solely into the USD share class on 23rd April 2012. The conversion solely into the USD share class was made for the convenience of investors in the EUR class. The NAVs published on 14th May 2012 included the allocation of all the conversion costs to the USD class.

Applying the principle of treating all shareholders fairly and equally and following advice by the Company's advisers, the Board resolved to re-calculate the NAV per share of the USD and GBP share class, as at 30 April 2012, by allocating these costs pro-rata to the two share classes.

As a result, the NAV per share of the USD and GBP share classes as at 30th April 2012 has been re-stated to USD 8.57 and GBP 8.45 respectively.

Enquiries:

Ashmore Investment Management Limited

Robert Hegt

Tel: +44 (0) 203 077 6147